Saturday, January 11, 2014

Nevada casinos haven't netted a profit since 2008. Lots of revenues, but lots of expenses. (Thanks for the free drinks!)

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Nevada's largest casinos, still climbing out of the recession, suffered a combined net loss of $1.35 billion in 2013, marking the fifth straight year without an overall profit, state regulators reported Friday.

Nevada casinos haven't netted a profit since 2008. Lots of revenues, but lots of expenses. (Thanks for the free drinks!)

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Nevada's largest casinos, still climbing out of the recession, suffered a combined net loss of $1.35 billion in 2013, marking the fifth straight year without an overall profit, state regulators reported Friday.